CONTRACTPENDING

Board to Designate 5/3rd Bank for Investments

Carrollton Public Schools logoCarrollton Public Schools
Document date
Jul 1, 2025
Term
2025-26 school year

The 30-second brief

What it covers

The board will consider designating 5/3rd Bank, via the Michigan Liquid Asset Fund, as an authorized financial institution for district transactions during the 2025-26 school year. This supports district cash management and short-term investments.

Who holds it

5/3rd Bank (Michigan Liquid Asset Fund) holds this financial services contract with Carrollton Public Schools.

What happens next

Term as filed: 2025-26 school year.

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Contract details

Contract type
Financial Services
Document date
July 1, 2025
Term
2025-26 school year
Vendor
5/3rd Bank (Michigan Liquid Asset Fund)
Source document
carrollton_public_schools_board_meeting_agenda_jul.pdf (Agenda)

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Questions about this contract

Who was awarded the financial services contract by Carrollton Public Schools?

5/3rd Bank (Michigan Liquid Asset Fund) was awarded this financial services contract by Carrollton Public Schools, as recorded on July 1, 2025.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in carrollton_public_schools_board_meeting_agenda_jul.pdf (Agenda), dated July 1, 2025 from Carrollton Public Schools. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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